Latest Market News

Jun 10
US Dollar Index Futures (DX1!), H1 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 103.960Pivot: 102.925Support: 102.240Preferred Case:On the H1, price is moving above the ichimoku cloud and along the ascending trendline which supports our bullish bias that price will rise from the pivot at 102.925 where the swing low support is to the 1st resistance at 103.960 in line with the swing high resistance, […]

Jun 10
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge. 1483 Total views 26 Total shares Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since […]

Jun 10
Dow skids nearly 900 points Friday, stocks book sharp weekly losses after hot inflation reading

Major U.S. stock indexes finished sharply lower Friday, after a May reading of inflation showed no signs of a slowdown in high costs of living. The Dow Jones Industrial Average DJIA, -2.73% tumbled about 881 points, or 2.7%, to end near 31,392, while also booking a 4.6% weekly skid. That marked the worst daily percentage […]

Jun 10
Gold books best day in a week Friday, as hot inflation data rattles Wall Street

Gold prices soared on Friday after May inflation data came in hot, shattering hopes that high costs of living in the U.S. might be buckling as the Federal Reserve works to tighten financial conditions. Gold for August delivery GCQ22, +1.38% shot up 1.2% on Friday, adding $22.70, to settle at $1875.50 an ounce on Comex. […]

Jun 10
SPAC Freestone Acquisition drops plan for an IPO a year after initial filing

Freestone Acquisition, a special purpose acquisition company (SPAC), has filed Friday to withdraw its registration for an initial public offering, about a year after initially filing to go public. The SPAC had filed its S-1 Registration Statement on May 14, 2021 then set terms for the IPO on July 23, 2021, saying it planned to […]

Jun 10
The cryptocurrency market digest (BTC, ETH, LTC). Overview for 10.06.2022

Considering the fact that everything around it is falling, declining, and plunging, the BTC is doing a good job. On Friday, the major cryptocurrency is balancing at $30,075. The US stock market plummeted yesterday. The S&P 500 index broke 4,100 пунктов and may continue falling towards 3,600 if the conditions remain as questionable and disturbing […]